for the week. that is nice reversal of fortune. [closing bell rings] liz: what a week it has been. a lot of news flow, a lot happening but the bells clang on wall street and close the session today on a week of very busy trading. here is how the dow jones industrials finishing up. the high of the session it was up more than 37 points, we chapped that in half and more up 15. nasdaq struggle ad bit. couldn't quite make it to the upside. russell 2000 falling half a percent today. david: we had big earnings movers today. d.r. horton hitting a new 52-week high. quarterly profit tripled as it sold more homes we're talking about at this hour with higher prices. the company forecasting a better second half of the year. on the flipside goodyear tire and rubber falling. it posted better-than-expected profit, tire sales volumes fell 8% and the company warned that industry demand would remain weak throughout the year. liz: they pointed out europe

for a lot of those problems. we had commodities posting pretty big gains this week. look at oil today. ending the session down about 75 cents. it settled at 93 in the regular session, $93 a barrel despite a move lower. the crude jumped 4% for the week. gold settling with a loss of a .6 of a percent today ending the session around $1453 a troy ounce. for the week though gold fought back gaining 4.2% on the back of strength in the physical market for gold demand. "after the bell" starts right now david: let us get right to the action. we have brian sose he is here from bayless capital advisors, chief investment strategist. he says investors need to buy companies and not the overall market. focus on companies. he has specific names that could make you money.

chris is from needham growth -- needham growth found portfolio manager. the small cap breakout is a ahead and time to get in right now. phil streble in the pits of the cm. i want to start with you. surprising gdp numbers much slower than expected about 2 1/2%. some people thinking it would be over 3% that they didn't have more effect on this market. why not? >> i would have thought a market could take a nice little tumble back down but the reality is looking any kind of growth is good news. the second thing is, you still have the fed rockin' and rolling. they're pumping in 85 billion per month. doesn't look that will stop anytime soon until bernanke steps down. that has put an underlying floor on the market right now. liz: we had eric thorne of bryn mawr, has 6 billion in assets said the exact same thing. you can rationalize all you want, why it is dangerous and why it is worrisome if you fight the fed you may lose in the short term because this market simply

wants to go higher, phil. >> yeah, fighting the fed is one of the worst decision that is a trader or investor can make. you have to go where the easy money is going. products like bonds have done so well recently and also the stock market. we're a little disappointed is gold and silver. although they were substantiallyly for the week i thought gold would hold on gains it had earlier in the day. the same thing with silver. that is one of the underlying factors could be anything out there. david: brian, over the past six months nobody has been disappointed with housing. there have been little blips downward for housing. but the general trend is skyrocketing coming off historic lows we've been in. if i didn't get in up until now, did i miss it? is there still more movement on the upside to go for housing? >> i think there is. as investor you have to go with the fact just because a stock has risen significantly you can't get it anymore. look at homebuilder results pulte,. what are backlogs providing? they're like teddy bears,

they provide comfort. if they kaupe the calls down, pulte and ryland will continue to do because nobody necessarily expects them to keep the costs down because the back log is so high. liz: toll brothers is up 32%, pe is rich at 24 but what do you think, chris, about the about the housing market? do you sill fee positive about it? >> we think the fed will be accommodative to pump money in the system. the housing market is still very long cycle going forward. that is not where we spend a lot of our time but it should continue to give some lift to the economy. we're also looking at cyclicals, oil and gas services we think are in a good position going into the second half of the year. we've seen some of those results this week. and i think it is setting up. and that is all a play on slower growth economy but, not a recession that, you know, i think we've passed it. david: like over in europe as a matter of fact. what is superior by the way

is one of your energy picks. that is an energy drilling and equipment company but, chris, we have more earnings to come but we've had the bulk of a lot of big earnings stories, whether it is amazon or apple or whatever. no more real surprises. what is your general take on what we've seen so far from the earnings season? >> i think what we've seen at least a lot in technology is that it is not as bad as it would have been feared. i think we are setting up for pretty good second half. we are coming into the slower summer months where sell in may and go away. that might have already happened here in april. but again i wouldn't be fighting the fed. they will be accommodative. japan is accommodative. if we get any surprises out of europe i think we should lead to a pretty good growth market in the second half of the year. liz: phil, down there on the floor of the cme, what do you think is the most surprising trade you've seen lately? has anything changed over the past couple weeks? >> well, i mean one of the most surprising trades was the gold and silver fall.

i mean, you know, they came out later and said that, you know, cyprus didn't sell any of their gold. it was somebody else out there selling gold. it was the bids being pulled and the market really just going into a tailspin. i thought that was one of the most surprising things especially with the fed being most accommodative. something holding on really well you were just talking about the housing market, copper holding $3. we traded up pretty good today. we rebounded quite nicely. every house has 400-pound of copper in it and every new house. also lumber. those are new markets not a lot of traders watch. they could be a big mover especially with the recovery in housing as getting heated up as summer builds on. david: we've been looking amazon and apple over the past week is ebay, brian, one of your picks, why? >> it fell down on earnings season it has been disappointing. david: buying the dip. >> buying the dip. ebay is expanding the paypal

business. they're actually becoming a play on emerging markets. david: in what way they are becoming play on emerging markets? exposings themselves through paypal. >> a that's correct. nobody realizes it is not that exposed in emerging markets. when i sat down with the team they said they're starting to take the core business, specifically with web personalization initiatives and go over there. i think that is very important. in earnings season in my opinion has not been very well, every earnings report has come with a disclaimer. liz: ebay and to brothers your picks are pretty big names, but, chris, you tend to go with the smaller cap names. david mentioned superior and you have form factor and finnisar. both have down over the past year. that doesn't concern us, we don't like when people come on and say buy at the top certainly but these two names, for example, one of them, has 17% of the float shorted. so you have got the shorts circling around like sharks here but you still like isn't. >> it is close to 52-week low here. a play on optical spend that

everybody has been waiting for. at&t and verizon have large cap-ex budgets out there. the orders just haven't come yet. i know other guest mentioned it was disappointing earnings. might have been disappointing earnings, expectations in small caps were low to begin with. that is where they sold off going into the earnings season. going forward, you know, it was moderate surprise in certain areas but going forward i think there's a lot of benefit in these small cap names. >> brian, we talked about europe tangentially, but focus on it for a second here. we know it is going down. it is now growing in negative -- not growing, it is losing money. will that continue and how much of a drag will that be on u.s.? >> europe, companies came in the first quarter with not expecting very much to hear company after company 3m underperform expectations very disturbing. so as an investor those companies that will underperform over the next couple months if, to, we continue to get negative pmi

data. liz: good to see all of you. david: brian, chris, and phil, we'll see you in a couple minutes, the s&p futures close. thanks, guys, have a good weekend. liz: this is a stunning statistic. estimated 78% of the former nfl players have gone bankrupt or under financial stress within two years of retirement. so if you were lucky enough to hear your name in last night's nfl draft, instant millionaire, how can you avoid this same fate? we're talking to a money manager who is helping sports players stay financially fit plus a top sports agents. david: every time i see them with a gold rolex, warn them, guys, be careful. it your money, your future. keystone pipeline project is used to getting support from republicans from business leaders but now unions are getting fired up. that is union crowd, folks. hundreds of workers rallying for the project. a top union leader is here to tell us why they're getting into the fight. also apple's itunes

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and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur liz: little bit of a thumbs up from a raymond james analyst sending shares of facebook higher today. head back to nicole petallides on floor of the new york stock exchange. nicole? >> this was a big call. it really moved facebook today. we saw facebook up nearly 3% on the day, closing 26.85. a big deal, everybody on wall street knew about the strong buy rating from outperform over at raymond james. analyst there, aaron kessler, cites expectations for increasing monetizaton driven by new ads. increasing ad flow. that is good news for facebook. this was $38 ipo last year.

this you remember well. this moves it in upside and positive territory year-to-date. year-to-date up 0.0%. at least it is flat and in the green versus being down. this is good news for shareholders hot on facebook and hope it goes higher. david: by the way we'll talk to a guy who owned 10% of facebook next week. one of the best entrepeneurs in the whole world. s&p futures are about 40 seconds away from closing. let's head back to phil atrieble in wildness continues at cme. >> it is hand quiet here. we're starting to look at next week here. we have adp number coming out. nonfarm payroll number coming out. 1544 on s&p. that is 50-day moving average. 1590. that is breakout. david: they're breaking out now. don't underplay it too much,

phil. there is some last minute trades. >> there is some action. liz: phil, yeah, nobody is leaving today early from the cme. david: thanks, phil. time for quick speed read some of the day's other headlines, five stories one minute. japan airlines returning 787 dreamliner jets to commercial flights in june. the jet has been grounded since mid-january on those battery problems. southwest is ending free ride for no shows. the airline is launching a new no show policy which will force flyers to forfeit their fares if they fail to show up for a flight. sales of smartphones outpaced standard phones in first quarter. smartphones accounted for 51% of the 418 million cell phones shipped. u.s. is suing novartis for allegedly paying kickbacks and providing lavish dinners to doctors. the company is accused using payments to encourage doctors to prescribe their

brand name drugs for hypertension and other medical conditions. no. facebook ceo mark zuckerberg is adding tech heavyweights to his political advocacisy group. microsoft founder bill gates, steve ballmer and ceo brad smith and john parker have joined the project. that is today's speed reed. buzz wuz. liz: those are big names. being picked doesn't usually come just with bragging rights but it comes with a huge paycheck. jonathanning --ing has advise. >> you got to plan for future. >> amen, good advice. how do sport players plan? not very well when you look at stats. you're talking to one of the top sports advisors in the country and top sports agent about mistakes. that we all not just nfl players should avoid. ♪

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>> we draw a line in the sand that we're about america! we're about american jobs! i'm sick and tired, can can you imagine paying these damn crazy countries that we get our oil from instead of our brothers and sisters in canada? david: no way. that was a fired up terry o'sullivan. president of laborers international union at a recent rally in support of the keystone pipeline while used to hearing such talks from republicans and business leaders we haven't heard a lot from union members about their stake in

the pipeline project but that is changing big-time. let's hear from one. danny hendrix is business manager of pipe fitters union 798 which covers 42 states including the entire u.s. portion of the pipeline. if it goes through, congratulations, danny, it would be great for you. but you but i thought unions had a lot of clout with this president in particular. why can't you stop his foot-dragging on this? >> it is down to pure politics now. this is a great biggs decision and should be permitted. we should have permitted it several years back but politics is a strange little animal. david: but it is, specifically what is happening now the epa, despite the fact that the president says he is for all of the above, for carbon energy and everything else even though some in his administration spoken out against all forms of carbon energy, epa came out with a new warning saying that just the flow of oil through the pipeline is going to create too many greenhouse gases.

for that reason alone they should stop the project. what do you think of these studies? >> well, i think it is hogwash. you know, they will continue to extract the oil sands. that's a fact. and they're going to continue to transport it. so the safest way to transport it is in a pipeline. today we're transporting the majority of with railcars. david: when you say these things, must have, i know you have clout with the administration, the unions do. when you present your side of the case what do you get in response? >> well, it is part of the process. we just got to wait for the answer. david: well some people aren't waiting. that union member whom i sure you know was shouting out, out there bringing out the crowd saying we've got to do this thing now. >> i was actually there the day that he gave that speech. david: he was fired up. how many more of these kind of fire-up rallies will we see in america? >> we're probably continue to see him until the

decision is made to build it. david: now one of the other arguments that the people against the pipeline say, we know they're going to be thousands of jobs created as a result of building the pipeline, but a lot of critics say, oh, no, the jobs are temporary and will go away as soon as the pipeline is finished. what do you say to that? >> all construction jobs are temporary. hoover dam was a temporary job. empire state building was temporary job. highway system in the country is temporary job. and the pipeline will be a temporary job. david: you don't think there will be residual jobs around edges of this project and other projects? when i look at, what i see is happening in the united states right now with this extraordinary power and dynamism of the exploration of things like fracking of oil the shale oil we're getting, i see the center of the energy production universe right now in the united states. we've got to exploit this. you have to strike while the iron's hot, no? >> oh i absolutely believe it. i think you're going to see

a bigger boom than we've seen in the last 40 years, you know. we've got to quick transferring wealth out of this country by buying opec oil. we'll continue to use oil and we'll continue to purchase oil. now we have a choice. are we going to buy it from our biggest trading partner, canada or will we buy it from opec? we're buying it at a million dollars a minute and if we're going to inject any money into this economy, a million dollars a minute, almost 500 trillion dollars, $500 billion a year? wouldn't that help the economy? david: i think it would. terry o'sullivan think it is would. you clearly think it would. what kind of pressure are you going to bring to bear? you do have clout with this administration. they are very concerned about what the unions think, particularly as we come up to the midterm elections and they realize unions can help them win perhaps the house back for democrats. what kind of pressure? you say look unless you come out for the pipeline we'll not go out and canvasing for you guys? >> like i said we'll work through the process and

we're going to continue to try to talk to our friends and see if we can get this thing done. david: but, danny, pressure, beyond talk there is pressure. are you going to bring any of it to apply to this? >> we're going to work through the process. david: all right. very diplomatic, danny hendrix. he is business manager. he iseth ining with both sides. appreciate you coming on. let us know what happens, okay? >> u -- thank you, sir. david: pipeline manager. liz: who says nothing ever gets done on capitol hill after lines starting growing and complaints started mounting, a bill that will put an end to the furloughs of air traffic controlsers is headed to president just in time for congress to fly home. david: there is that element to all this. rich edson is in d.c. inside the beltway with the latest developments. rich? >> some got out of here yesterday before the vote even happened. it passed congress.

the federal government will fully staff control towers once the president signs bill. airlines and congressional recess just rushed through a fix. the house and senate passed a bill allowing the department of transportation to move about $200 million from other accounts to pay to prevent these furloughs. while it temporarily solves this problem there are some in both parties unsatisfied with the bill. >> what they have done is take dollars away from the aviation trust fund which is used to do airport improvement projects, build runways, improve runways. they have taken dollars out of that fund and move it over to operations. that is a very dangerous precedent to send. i don't want to see it happen in the future. one time is oak to get us through this particular situation but i don't think it is something we ought to do a lot of. >> the president believes it is good news to eliminate this problem but as i have said and you know, he believes, this is a bandaid covering a massive wound to

the economy. >> this bbll only resolves the furloughs for the rest of the fiscal year. that is through september. without another fix, furloughs begin again in october. the control tower furloughs are a result of those automatic spending cuts known as sequester. they started a couple months ago and part of federal law for the next decade. democrats want the white house to replace those cuts with other cuts and tax increases on wealthier americans. republicans say democrats january's tax deal.ases with david and liz, back to you. david: thanks, rich. liz: thank you, rich. breaking news. another hacking of a major website this time in social media. appears living social has been hacked and 50 million members, information, private numbers all kinds of information has been stolen and hacked. this is massive on its computer system. we're working to confirm all of the details but an e-mail was sent to employees and was obtained by allthingsd.com. that of course is a

"wall street journal" website, that resulted in an unauthorized access to some customer data on our services this breach, some, try 50 million. 50 million have been impacted. this is washington, d.c.-based company. for those that use it, this is something you go on almost every single day. a major hacking when the company is trying to turn itself around and gain more tracking in the daily deals realm. we're watching this story very closely. david: we should mention in part it is owned by amazon. amazon keeps getting hit. this has not been a good week for amazon. forget about stocks and bonds for a while. we have a money manager who is here to tell you how to play an alternative investment up 25% in the last year alone. get this, 248% over the past 10 years. liz: plus 32 names were called in the first round of the sparkling, exciting nfl draft last night. the big question, now, is

money and what these newly-minted millionaires plan to do with the extra cash. hopefully not squander it. a top agent and sports money manager weigh in on the financial rise and often hard fall on professional athletes. that is coming up. ♪ @

liz: we have more details on the living social hacking situation. apparently the credit card information is safe but whoever hacked some 50 million accounts, the passwords need to be reset now because they got things like, personal information, like addresses, et cetera. so, again, living social has had a security incident. a hacking incident. call it what it is. this according to all things digital. david? david: kind of scary when experts in the web get hacked themselves. but its happening more and more. according to a recent report the value of rare coins increased by 25% the past year. 248% in the past 10 years. with recent drop in gold prices, will this investment continue to hold its value? liz: joining us now is david white of david b. white

financial. he is ceo and president. he has been investing in collectible coins the past 20 years. looks like you're in the money this year. does this surprise you? >> no, it really doesn't because no investment goes straight upward. no tree grows to the sky. every investment has ups and downs. it is to be expected that gold and other investments will drop as well. it is just, something that happens. liz: but don't you need real expertise when it comes to collecting rare coins? they're expensive and a lot of knockoffs? >> absolutely. we have to be careful and got to deal with expert. i should make it clear i don't sell coins and i do not sell commodities and neither does my broker-dealer, centaruis financial. i have good people i've been dealing locally that have been in it in 40 years and i have experts i deal with on the internet that have phenomenal to deal with and that is one of the keys, to find experts to deal with.

david: we'll ask you how because there are a lot lot of hucksters out there. gold losing 20%, it gained a lot of that, loses 20% do rare gold coins lose as much or hold their value better? >> no, the numismatic coins which are the rare coins hold their value and they did not dip the way gold dipped. david: hold on a second, david. how much did they dip? what is the premium that you get? what amount, say gold dips 10%. how much do these gold coins dip? >> it depends on the coin of course. and there will be differences. but, as a whole, they didn't dip. they --. >> at all? >> they stayed the same. no, that's correct. david: wow. >> that is one of the advantages. liz: i want to look and explain to our people just exactly what a collectable coin is. what are the most important aspects of a coin that makes it then collectable? >> you have to look at mintage. how many coins were minted. or if an order coin, how

many coins are still in existence. you need to look for story. for example, is it from a sunken ship or is it from the british olympics of 2012? or is it chinese panda or the american indian or the buffalo head? any of those type of, of factors and then you also have to look at the grade of the coin. you want to get a grade 69 or 70. 70 is flawless. the more rare, the more they retain their value. david: finally, david, very quickly, from whom do i buy these coins? >> that depends where you're in existence, i mean where you live because i can't tell you that because it is something you have to do your own homework on and you have got to check with the better business bureau. you should check with the numismatic association to make sure that the dealer is licensed with them. and you just need to do homework. it varies. i could give you a list of people but i'm not allowed to do that through my

broker-dealer. david: david white, we appreciate you coming on. david b. white financial. i once found a penny when i was kid worth $70. fanatic. liz: that's good. i have a 1945 penny i keep symbolic of the actual year, those are hard to find now, right? look at these three pro athletes we're putting up on the screen. guess what these guys have in con common? david: money. liz: all lost their money, david. they lost multimillion-dollar fortunes. how can the league's newest millionaires avoid a similar fate? we'll ask a money manager and sports agent next. david: itunes about to celebrate its 10th anniversary. what is the first song you downloaded? we remember that. we'll tell you coming up. tell us what yours were. log on to facebook.co facebook.com/afterthebell. share your first purchase and we'll read your comments later this hour. ♪

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such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a 30-tablet free trial. >> i'm dennis kneale with your fox business brief. stocks seesawed between gains and losses after a report showed the economy expanded at a slower than expected rate in the first quarter. that at the closing bell the dow finishing 11 points higher though at 14,712. at&t launching its home security and monitoring service in 15 u.s. markets today. the company says it will expand its digital life service to as many as 50 markets by the end of the year. at&t expects the service eventually to bring in a billion dollars in annual revenue. according to a new consumer and business credit reporting company experion

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liz: more than 200 college kids will get the chance to become overnight millionaires during the nfl draft this weekend, right? so what did this year's top picks plan to do with their newfound wealth? listen to what first round pick lane johnson told us. >> i'm definitely going to save it. i never came from a lot of money. i will save it up and figure out what to do with later. >> they all say that but do they? is tucking your paycheck away the right move? how can the league's future stars avoid fumbling the ball financially which many of them do? we wanted to bring in two experts. steve baker, baker sports management and ed boo stous

ski. both -- butowsky. they work closely with all kinds of sports stars. this is fascinating and almost depressing to see what happens. steve, we have given a stat earlier more than 70% of players end up going broke two years out of having played professionally. once they retire some lose their money. what do you see in your past experience not necessarily your clients but everybody out there in the nfl? what happens? the dirty underbelly of spending. >> lane johnson had it right. first focus initially on savings. athletes get involved in investments that are probably too aggressive for the time frame they're making money. finally they need to limit their spending. liz: what have you seen in the past with a lot of nfl players that maybe are friends of your clients? i would imagine you guided

your clients pretty well. what is a sad story of reality once these guys do once they come into millions of dollars? >> well on the investment front i see athletes get involved in invests that are too illiquid and too aggressive for someone who should be less risk-averse. on spending side i see a lot of spending that goes on probably above what they should be doing. for example, if someone, if an athlete making $2 million a year is spending at rate of someone who normally makes $2 million a year they will go broke two years after they're over because they won't make that kind of money after the career is over. that's where i see the huge problem arising. liz: ed, exactly. some guys never really worked. working on their craft in college. overnight, we just had the draft right up the street at radio city. glitz and glamour is so exciting. some of them have huge contracts. ed, you look what happens and they fumble it because i want the bentley. i want, as david said

earlier, the gold rolex. >> i mean that does happen. if i'm a player and i'm coming out i want to work with a agent like steve. i know steve very well and he does a great job. not all agents do as good a job as steve does in terms of educating their clients. what i made as part of my platform in my industry is educating athletes, nba, nfl, major league baseball players are clients of mine. i'm so passionate i got involved with a movie called broke, about this subject what they do is exactly what steve said is. they put too much money in private illiquid investments and spend too much money. we talk about how much money they're making. majority of these young men don't make that much money. we hear about once that make a lot of money. 0 to 90% of them don't make a lot of money and their careers very short. liz: look at this list, guys. these are athletes that went broke. they were in the 1%, multimultimillion-dollar contracts. barry bonds, lt, scottie

pippen. warren sapp. this is spans not just football. lenny dykstra who was a train wreck. alan iverson, a basketball player. amazing what happens to them. they get bad advice and don't know the language of investments so they tune it out. >> partially bad advice. parsley not speaking language and educating themselves. they're aggressive on the field and try to bring the same aggressiveness in the off field lives. without proper advice that could be a recipe for disaster. liz: ed, give us example what you know about and did it right. >> one of the best is good friend of mine, torii hunter. torii hunter manages money not just great for professional athlete but just for anybody. what he does more important than anybody else he doesn't put a lot of money in private illiquid invests real estate and so on. leaves his money in very liquid public securities which most people should do.

that list you gave liz, almost everyone of those, i know a lot of those young n are casualties because of private equity or real estate. they put about 90 to 95% of their money where they should have less than 5% of their money and overspent. take care of that, we take care of the problem. liz: does the league have responsibility to guide them, steve? or is that like saying, fox, fox and fox business should teach me to how to make sure i should lose all my money? is it really the league's responsibility? >> i don't think necessarily it is the responsibility but it is a good policy for the league to have their players not to be in that situation. the players association has a definite fiduciary duty to the players does that have responsibility. they have tried to do much more recently. they are much more stringent in terms of regulating advisors who work with athletes and they also have a program where they try to give athletes regular counseling on money matters. liz: in the end you have to be smart. we picked out two, john elway of course with the denver broncos.

gene prophet, another famous football player who is guest on this show because he done very well in high finance. those two. john elway getting into very smart businesses, capitalizing on his name, ed. >> but, that part of it. a lot of these people who did it well, quote, a lot of people talk about magic johnson, didn't necessarily do it right because he invested in private illiquid investments but good things happen. a lot of people try to replicate magic johnson. i do want to add, the national baseball association of all the leagues does the best job. rory sparrow, former nba player is really much at the forefront of educating the nba. they do magnificent job and they have a good sound program. so they're doing a good job. liz: ed, steve, thank you very much. it is good information. for everybody, david, people come into money or get a raise, you shouldn't squander it. david: magic johnson is the key. part owner of the l.a. dodgers. that guy done it right. despite one cruise ship

disaster after another the industry seems to do fine just thank you. how do they keep filling their ships? we're heading down to the port of miami next for the answer. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history.

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david: despite the widely publicized cruise ship nightmares, we don't want to make them them seem less important than they are, ships are filling up and cruise lines are still spend money. liz: fox news's phil keating joins us live from miami, florida. tell us what you're seeing if this is same being -- impacting consumer sentiment. >> without a doubt consumer sentiment from the cruising public is suffering however not nearly as severely or extensively as even the industry ceos imagined that it would be after all of that nationally televised bad news regarding the two carnival ships over the past 24 months. the right now in the port of miami the cruise ship capital of the world, four to 5:00 every day is departure time. we have three ships in port today. all three are heading out into the atlantic including royal caribbean's majesty of the seas.

royal caribbean posting a very big first quarter this year. just yesterday up 62% over last year, and carnival cruise lines, beleaguered carnival also showing a very strong first quarter, up $37 million over last year, despite that cruise from hell in february. the carnival triumph. with 3,000 passengers all had to be towed back to shore no power, no toilets, certainly no fund for five days. that plus 2012 deadly costa concordia crash in italy certainly had impact. here is the ceo in the earnings call yesterday. looking to remainder of the year and obvious question, yes, the negative industry and media coverage yes probably impacted us a bit but no it has not been a game-changer for our brands. a lot of industry analysts expected not nearly these types of numbers especially after the triumph television news coverage of their very bad cruise from hell experience. it has been costly as well for carnival.

they're pledging to spend $700 mall to upgrade the entire feet as well as their public image. david: phil keating reporting from miami from the port there. phil good to see you. liz: from fabulous fab to fabulous grab? the man and the center of the great goldman sachs abacus scandal that cost the firm $500 million. he has a new gig that involves soccer cleats and teaching others. that story is next. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪

♪ liz: let's go "off the desk." he calls himself the fabulous bad in e-mails in now the french guy at the center of the great goldman advocacy sandal to the scandal is moving on becoming a grab, now pursuing a doctorate in economics at the university of chicago and working as a teaching assistant come even captain of his indoor into merrill soccer team, the booze trappers, until he suffered an injury. david: the kick to missions. also "off the desk" in 80-year-old woman accident is well above $5,000 diamond and a shared -- charity function. the idea behind it is pretty simple. at $10 a cubic zirconia stone was blasted the bottom of all but one champagne glass. the lucky winner took a bigger than expected gulp. down it went. luckily the diamond was led recovered. really that's your imagination.

liz: this weekend itunes celebrates its tenth anniversary , so we asked you what was the first song or album you downloaded. the people still say album? and know i do. jody wrote in to say, a desire by bryan adams. i heard a play, search for the name, but it immediately. liz: john said to all you need is loved by the beatles. liz: were they on there by then? and well on facebook said, i still have not download the single song. david: no, my goodness. yours? liz: hotel california, the entire album by the eagles. david: jeffrey baker street. liz: jerry. david: jerry. liz: speaking of what is going on in the world, and jumping on a plan this weekend. i am heading of a way to the west coast, beverly hills california for the global conference. we're going to have a great lineup a very important guests. jeff green, billionaire investor, we have terry mcgraw. then i will hop on a plane and

go, neb., for warren buffett's annual shareholder meeting. join me. lots of interviiws david: how many frequent-flier miles do you have? liz: not enough because i want to go to why. teeseven "money with melissa francis" with melissa francis is next. melissa: and breaking news. [laughter] has more on this. >> reporter: well, the redemption date for investors to pull their money out of acc capital was set inmate. you were talking about that big day, blackstone big investor was worry that that did not give them enough time to assess whether steve cohen and as a safe -- sac capitol would be indicted. a lot of people believed, the government as well, that july is when the statute of limitation on most of those suspicious trades in this. that means